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    Property profile & analytics

    961 Industry Ave Lima, OH 45804-4171

    • Warehouses
    • 12,100 SF
    • 2.89 lot acres
    OFF-MARKET
    Value Estimation
    $1,315,000
    Last Sale
    Mar 21, 2023
    $1,416,000
    Location Intelligence
    Property ID
    US66-2121048
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Messer North America / Industrial Gas Supplier
    • Linde Welding Gas & Equipment Center / Industrial Gas Supplier / Welding Supply Store

    Property Details for 961 Industry Ave

    Year built
    1995
    Lot size
    2.89 lot acres
    Property size
    12,100 SF
    Property type
    Warehouses
    APN
    47-0507-08-002.001
    APU
    47050708002001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,345,000
      6.5%
      $1,380,000
      7%
      $1,315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,500,000
      Geo Method
      $1,410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,570,000
      Retail
      $1,480,000
      Mixed-Use
      $1,565,000
      Hospitality
      $1,300,000
      Educational
      $1,465,000
      Residential Income
      $1,320,000
      Energy
      $1,570,000
      Income-Based Land
      $1,280,000
      Food Service
      $1,385,000

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.0814
    Latitude
    40.7262
    CBSA code
    30620
    CBSA name
    LIMA, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,897
    $21,040
    $97,510
    $118,550
    -
    $60,100
    $278,600
    $338,700

    Comparable in this City

    • Value Estimation by Request
      356,950 SF

      400 Hanthorn Rd

      WAREHOUSE, STORAGE • 356,950 SF
      400 Hanthorn Rd, Lima, OH 45804-2460
      View Details
    • Value Estimation
      $490,000
      12,000 SF

      910 Industry Ave

      WAREHOUSE, STORAGE • 12,000 SF
      910 Industry Ave, Lima, OH 45804-4170
      View Details
    • Value Estimation
      $310,000
      2,752 SF

      4150 Bellefontaine Rd

      WAREHOUSE, STORAGE • 2,752 SF
      4150 Bellefontaine Rd, Lima, OH 45804-4292
      View Details
    • Value Estimation
      $765,000
      50,000 SF

      2350 Central Pt Pkwy

      WAREHOUSE, STORAGE • 50,000 SF
      2350 Central Pt Pkwy, Lima, OH 45804-3806
      View Details
    • Value Estimation
      $340,000
      5.58 Acres

      300 Hanthorn Rd

      WAREHOUSE, STORAGE • 5.58 Acres
      300 Hanthorn Rd, Lima, OH 45804-2458
      View Details
    • Value Estimation
      $345,000
      13,990 SF

      4320 Harding Hwy

      WAREHOUSE, STORAGE • 13,990 SF
      4320 Harding Hwy, Lima, OH 45804-3636
      View Details

    Similar Nearby for Sale

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      Industrial property featuring four buildings, ample parking, and public utilities.
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    Similar Nearby for Lease

    • $3,495,000
      23,089 SF

      Lima Truck Terminal and Warehouse

      12.37 acre property with two buildings and ample parking.
      3456 Saint Johns Rd, Lima, OH 45804
      View Details
    • Contact for pricing
      1,545 SF

      Warehouse Space with Rail Access

      348,342 SF warehouse with rail service available for lease.
      2050 N Sugar St, Lima, OH 45804
      View Details
    • $9 SF/Yr
      16,000 SF

      Harding Highway Warehouse Space

      16,000 SF Warehouse, Lima, OH
      2100 Harding Hwy, Lima, OH 45804
      View Details
    • $6 SF/Yr
      6,720 SF

      Lima Warehouse Space Available

      6,720 SF warehouse space for lease in Lima, Ohio.
      960 Industry Ave, Lima, OH 45804
      View Details
    • Contact for pricing
      20,000 SF

      Industrial Warehouse Space Available

      20,000 sq ft warehouse space for lease.
      1010 E High St, Lima, OH 45804
      View Details
    • $6,194 /Mo

      Versatile Industrial and Office Space

      Adaptable industrial and office space with ample rentable area.
      750 Buckeye Rd, Lima, OH 45804
      View Details
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    961 Industry Ave
    Lima, OH 45804-4171
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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